Obama: “Sounds to me like you better get that bill out of committee.”

In a Saturday Newsweek article, Jonathan Alter spelled out for us we’ve been hearing rumors of, but what has yet to be confirmed. That the ‘Serve America Act’ or Kennedy/Hatch Bill or whatever you choose to call it, will be signed by the President come April. Here’s what Alter reports will be passed:

A boost in the educational stipend offered in exchange for service to $5,350, with the provision that it will continue to rise in tandem with Pell grants. (Pay for full-time AmeriCorps service is about $11,000 a year.)

A $500 education award for middle-school and high-school students who take part in a “Summer of Service” or other service activities.

The expansion of the Civilian Community Corps to include work on weatherization and other energy-conservation projects.

The expansion of the Peace Corps (to 16,000) and other existing programs.

The designation of September 11 as a National Day of Service and Remembrance.

Alter goes on to say that, “Expanding national service is only the beginning of Obama’s commitment to building an army of changemakers. A new White House Office of Social Entrepreneurship will look for ways to help thousands of nonprofit organizations improve the country. The “multiplier effect” of doing good offers “social stimulus” every bit as important as economic, though it provides that, too.”